Iraq ranks first in exporting oil to European countries during July

Iraq ranked first in the Arab world in exporting oil to European countries during July.

According to a report published by the official website of the Iraqi Ministry of Oil today, Monday, "Iraq ranked first among the Arab countries as the largest oil exporter to the European Union in July, with 490,000 barrels per day. Algeria came in second place, with 390,000 barrels per day."

Iraq's annual budget depends on oil imports by 95 percent.



PUKmedia